How Zoom Rose To The Top During Social Distancing
Zoom has gained an incredible amount of popularity, but that popularity comes at a cost. The company is under intense scrutiny now that hundreds of millions of people are using the platform. But Zoom is in the game for the long haul, if it can survive a post-COVID-19 world, and can continue to fix privacy complaints as they come up.
With millions of people being forced to stay home to help stop the spread of COVID-19, many have found creative ways to virtually stay social through happy hours, trivia nights and birthday parties. And Zoom, one of the dozens of video conferencing services, has risen to the top, thanks to intense separation measures and a profound resonance within this new social distancing culture.
Daily downloads of the Zoom app have increased 30x year-over-year and the app has been the top free app for iPhones in the United States since March 18, according to Bernstein Research and Apptopia. Zoom said daily users spiked to 200 million in March, up from 10 million in December.
But it hasn't been without scrutiny. Privacy concerns have been rising around Zoom, including "Zoombombing," where a malicious user will join a Zoom meeting and show explicit or disturbing images. CEO Eric Yuan apologized on Thursday for the security lapses and outlined what the company is doing to fix those problems.
Watch the video to learn how Zoom became the go-to platform, how it is handling the influx of users and whether the company's success can be sustained after offices open back up.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How Zoom Rose To The Top During Social Distancing
April 04, 2020
GnmoVuBdAE4
Can Cruise Lines Recover From Coronavirus?
The COVID-19 outbreak has laid waste to entire sectors of the global economy, but none faster than the cruise business. The pandemic has basically shut it down with the three largest publicly traded cruise companies suspending some, if not all, of their operations. Carnival, the world's largest cruise line, has been at the heart of the industry's struggle.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Can Cruise-Ship Companies Recover From Coronavirus?
April 03, 2020
uDiR4Qm4O-w
Can Airlines Recover From Coronavirus?
Health officials say air travel is causing viruses and bacteria to spread around the world faster than ever before. Airlines, at the center of the coronavirus epidemic, have come under intense scrutiny for the safety and cleanliness of their cabins. To combat the pandemic carriers have imposed new safety regulations and are using enhanced cleaning techniques inside their plane cabins, but is it enough?
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Can Airlines Recover From Coronavirus?
April 02, 2020
fIgwT4E9V6Y
Coronavirus Leaves 3M Scrambling To Cover A Face Mask Shortage
The United States industrial giant is the maker of Post-It notes, Scotch Tape, and one of the most desperately needed medical supplies in the world right now: N95 facial masks.
The $32 billion Minnesota conglomerate 3M is one of the world’s largest manufacturers of N95 filtering face masks, which have been in high demand in the U.S. and around the world since the coronavirus outbreak.
N95 respirators are so named because they are capable of filtering out 95% of large and small particles, including certain types of bacteria.
They are considered essential equipment in occupations ranging from construction to medicine.
And in early 2020 health officials worried there were not nearly enough of them. In early March, officials from the U.S. Department of Health and Human Services said the country had only about 35 million of the 3.5 billion N95 respirators needed in the event of a full-blown pandemic.
3M doubled global production to 1.1 billion per year from about 400 million per year, and the company said in late March it plans to double production again to 2 billion within 12 months.
The explosion of face mask demand could provide a small boost for 3M, which reported sales of about $32 billion in 2019. The company does not break down the actual size of its face mask business, but some Wall Street analysts estimate 3M sold anywhere from $100 million to $325 million in face masks prior to the outbreak of the disease. The outbreak could add another $300 million in sales, said one analyst.
This would be only a tiny portion of 3M’s overall business, but the importance of the product still has focused a tremendous amount of attention on the company.
Shares of 3M, which are valued at about $78 billion, have fallen more than 22% since the start of the year.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Coronavirus Leaves 3M Scrambling To Cover A Face Mask Shortage
April 01, 2020
Vy9ORIx6_fk
Will Prep Centers For Amazon Sellers Survive Coronavirus?
Prep centers have become an important part of Amazon’s vast supply chain. Though not overseen by Amazon directly, prep centers work with Amazon’s third-party sellers to get packages ready to be shipped to Amazon’s warehouses. CNBC traveled to Roundup, Montana to explore why a number of these prep centers have popped up in the area.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Will Prep Centers For Amazon Sellers Survive Coronavirus?
March 31, 2020
V56SB7mXSVw
Why The U.S. Probably Won’t Run Out Of Food During Coronavirus
While the American public stays home to slow the spread of the coronavirus, they are eating more meals in personal kitchens and less in restaurants. Supermarkets around the country are struggling to maintain stocked shelves and to keep up with the increase demand for groceries. Food items like fresh meats, pasta and beans have doubled, tripled, or quadrupled in sales. However, industry experts say there is no concern about the U.S. running out of food.
CORRECTION (March 31, 2020): At 1:08, the text on the screen misrepresented the total production of agricultural products in the United States in 2019. The total is $388,522,695,000, not $388,522,695, as shown on screen.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Why The U.S. Probably Won’t Run Out Of Food During Coronavirus
March 30, 2020
LrmYbsJ_-80
How Coronavirus Quarantines Lead To A Drop In Air Pollution
As coronavirus quickly spreads around the world, the virus is forcing people to stay put. People aren’t driving or flying, leading to a massive reduction in air pollution, most notably in China, but also in Italy, the U.S. and other hard-hit areas that have implemented directives to stay home.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How Coronavirus Quarantines Lead To A Drop In Air Pollution
March 29, 2020
bhctp3RQAkA
How The U.S. Fell Dangerously Behind In Coronavirus Testing
The deadly coronavirus pandemic has stopped the world in its tracks, and exposed a weak spot in the United States’ preparedness for a public health emergency. Experts say aggressive diagnostic testing is essential in order to learn where and how an epidemic spreads. But in the critical first weeks of the outbreak in the U.S., one problem after another prevented doctors, clinics, and labs around the country from testing enough people. Patients in America were being sent home as hospitals rationed their test supply, while other countries like South Korea found a way to test hundreds of thousands of people quickly. Now, the U.S. is months behind in understanding the true scope of the virus. Testing capacity is finally ramping up, but is it too late?
Produced by: Arielle Berger and Jordan Smith
Written by: Arielle Berger
Senior Producer: Jeff Morganteen
Graphics by: Jason Reginato
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How The U.S. Fell Dangerously Behind In Coronavirus Testing
March 28, 2020
zsgAn7iNJ6o
Can Tesla, GM And Ford Help Solve The Coronavirus Ventilator Shortage?
The global coronavirus outbreak has pushed the U.S. health system to the brink. Hospitals are already running out of basic supplies like masks, eye gear, gowns and ventilators. Ventilators are key in helping keep people with the most severe cases of COVID-19 alive, but with the number of infected rising daily, there are not nearly enough of them and no easy way to get more. Here is a look at what governments are doing and how automakers like Ford, GM and Tesla are trying to help.
CORRECTION (March 27, 2020): At 2:34 and 6:45 we misidentified Dr. Bon Ku, Emergency Medicine Physician and Director of the Health Design Lab at Thomas Jefferson University.
Across the United States, hospitals are facing shortages of ventilators and that could mean the difference between life and death for many patients with COVID-19.
Medical device makers, including Philips and Medtronic, have agreed to ramp up supplies as quickly as possible. But because patients diagnosed with or suspected to have COVID-19 often require breathing support, there's widespread concern that these devices won't be developed and shipped quickly enough.
Ventilators deliver air to the lungs through a pump that is placed in the windpipe. With supplies running low, anesthesia departments, veterinarians and even zoos are offering ventilators to hospitals. But until more of these machines can be produced, some health experts fear that doctors will be forced to ration care, meaning deciding who may live or die.
"We know from studies out of China, for example, that about 17 percent or so coronavirus patients actually require a ventilator," said Dr. Chethan Sathya, a pediatric surgeon at Northwell Health. "So we're not talking about, you know, a large capacity. But when you look at the number of people that are going to be infected by coronavirus, that translates to many, many people. That's why we're worried about this."
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Can Tesla, GM And Ford Help Solve The Coronavirus Ventilator Shortage?
March 27, 2020
2fdckX5Cik4
Tracking Dr. Anthony Fauci’s Comments On Coronavirus
Dr. Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, has been a key figure for the American public since the coronavirus outbreak began. Watch a timeline of his comments on COVID-19 as the outbreak turned into a global pandemic.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Tracking Dr. Anthony Fauci’s Comments On Coronavirus
March 26, 2020
ShiwHR5OvtM
Why Coronavirus Is Dangerous For Diabetics
Coronavirus can be terrifying for an average healthy person but what about those who are considered “high risk.” The Center for Disease Control and the World Health Organization state those at higher risk for the worst outcomes for the virus are older adults and people with chronic illnesses like heart disease, lung disease and diabetes.
CNBC explores why is coronavirus more dangerous for diabetics.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Why Coronavirus Is Dangerous For Diabetics
March 26, 2020
V3BXqYzTTSQ
Can Major U.S. Airlines Survive The Coronavirus Outbreak?
The golden age for airlines could be ending thanks to the spike in worldwide cases of COVID-19. A drop in crude prices would normally be a positive for airlines. However, border closings, event cancellations, and the potential for travelers to end up quarantined could cause a cascade of failures throughout the aviation industry. Now, major US airlines say they need a massive bailout from Congress to avoid laying off scores of workers.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Can Major U.S. Airlines Survive The Coronavirus Outbreak?
March 25, 2020
4WFMt14dSoQ
Why BMW And Mercedes Made Cheap Cars That Failed
Luxury cars are typically meant to symbolize prestige, wealth, and even excess, but sometimes they can come pretty cheap. Every so often premium automakers like BMW and Mercedes push out cars with starting prices well below the market average. However, in their quest for even greater volumes, some premium automakers are trying to see if they can net a few more buyers down at the lower end of the price range, and sometimes it doesn't work out.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Why BMW And Mercedes Made Cheap Cars That Failed
March 24, 2020
Z2mIzElUwpY
What Coronavirus Means For The Future Of Work From Home
Social distancing regulations to combat the coronavirus outbreak are forcing millions of Americans to work remotely. However the trend of working at home has been on the rise of a while, with regular work at home growing 173 percent since 2005 according to Global Workplace Analytics. Global Workplace Analytics found that companies save an average of $11,000 per year per employee who works remotely part-time. While research indicates the best work from home system requires 2-3 days in the office and 2-3 days at home, can employees still be productive during this outbreak? CNBC examines if the U.S. can still be productive while working from home.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
What Coronavirus Means For The Future Of Work From Home
March 23, 2020
qR2oyfKt2Ms
How Coronavirus Could Slow Down Amazon Deliveries
As Amazon orders surge, coronavirus delays deliveries and threatens to put sellers out of business. Millions of people are told to stay indoors amid coronavirus scares and grocery store shelves empty, Amazon is facing an unprecedented surge in online orders that’s causing delivery delays and certain items to run out of stock.
Despite several workers testing positive for COVID-19, its 110 U.S. warehouses largely remain open as it works to meet customer needs. Amazon is also hiring 100,000 new workers and halting the intake of any inventory besides high-demand products like household staples and medical supplies.
For many of Amazon’s third-party sellers, this means a complete halt in business, while others face challenges as inventory is stuck in China.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How Coronavirus Could Slow Down Amazon
March 21, 2020
DW4B7s2ZdBg
Tracking President Trump's Response To COVID-19
President Donald Trump’s response to COVID-19 has been under fire since the first cases began appearing in the United States in late January 2020. Here’s how his response has evolved since then to late March 2020, when state and federal governments began to take drastic measures to curb its spread.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Tracking President Trump's Response To COVID-19
March 20, 2020
2eB_xCk5ABw
The Economic Impact Of Coronavirus Event Cancellations
Major tech conferences around the world are scrapping their events due to coronavirus. As of early March, the economic impact of these cancellations had surpassed $1.1 billion and since that time, the number has only increased as more events are scrapped everyday. Major cities from San Francisco to New York have banned large gatherings, as diagnoses in the U.S. have soared. It’s undoubtedly a smart move for public safety. But all these cancellations, particularly of major conferences, are taking a huge financial toll.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
The Economic Impact Of Coronavirus Event Cancellations
March 19, 2020
1mfmdLQWURA
Who Owns America’s Gas Stations?
Gas stations comprise one of the most important retail businesses in the country. 93% of Americans live within 10 minutes of one. The vast majority of gas stations are small, locally owned businesses. But in recent years, the smallest chains are being bought up by bigger chains or are otherwise going out of business.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
Who Owns America’s Gas Stations?
March 18, 2020
z7aDDETvh1M
How Coronavirus Is Testing The U.S. Federal Government
As the coronavirus pandemic spreads across the United States, history can offer some lessons about how the federal government can respond. We explore the protocol from the federal government when it comes to containing an outbreak.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
How Coronavirus Is Testing The U.S. Federal Government
March 17, 2020
_1xZt_ZG1pw
The Race To Develop A Coronavirus Vaccine
The growing coronavirus outbreak is causing chaos in global financial markets, freezing supply chains and causing companies all over the world to create work-for-home plans and ban business travel. At drug companies and research labs, though, the race is on to develop a cure for coronavirus, or at least its symptoms. Here's what's at stake, and when the world can expect a coronavirus vaccine.
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
» Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC
Follow CNBC News on Twitter: https://cnb.cx/FollowCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
#CNBC
The Race To Develop A Coronavirus Vaccine
March 14, 2020
ek3T8xiu1Fw
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/92288741_1101225313587966_3289937048388781731_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=1&_nc_ohc=MCrFcHqt1IAAX-hleTd&oh=019a078539c4d11e78d0c91369a798de&oe=5EB17918
“The scale of this outbreak as a traumatic event is almost beyond comprehension,” said one expert.
Researchers are warning the coronavirus pandemic could inflict long-lasting emotional trauma on an unprecedented scale and say it could leave millions wrestling with psychological disorders. Not even the 9/11 attacks or WWII are adequate comparisons to what’s happening now, the expert said, because the anxiety those events caused was at least limited by geography.
The coronavirus crisis has left millions without jobs, sent billions into isolation, and forced nearly everyone on earth to grapple with the feeling that they or those they love are vulnerable. The nature of the disease means there’s no certainty about when the worst will pass. Thousands have been killed by the virus, and a vaccine could be more than a year away.
There’s research on how humans cope with quarantine, mass disasters and ongoing stressors, another expert said, but not on all three.
How can the world attempt to recover psychologically from the crisis? Details at the link in bio.
3469
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/92302515_821674148354044_1543138373684330262_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=1&_nc_ohc=LmbYtHskGaIAX_kS-ii&oh=354e82ca9feaaff480e44acc00e2994b&oe=5EB3E96B
At the forefront of the U.S. coronavirus response, White House advisor Dr. Anthony Fauci has a lot on his plate.
“[T]his is the life I’ve chosen,” Fauci told CBS. “It’s my job.”
And what a job it is: Over Fauci’s 36-year career as an infectious disease expert, he has handled outbreaks and pandemics including HIV, SARS, MERS and Ebola. Now, at 79-years-old, Fauci is working 19- to 20-hour days to handle the COVID-19 pandemic.
It’s Fauci’s wife of 35 years, Christine Grady, a nurse bioethicist, who has to remind him to take care of himself too. “I try to get him to rest, to drink water, to eat well, to sleep, and to be selective about what he agrees to and say no to some things,” Grady said.
For more on how Fauci and Grady have been weathering the pandemic, visit the link in bio. (with @CNBCMakeIt)
10951
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/91549375_103654864568943_4107884931902759311_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=1&_nc_ohc=QCsbIyD13vEAX-FvtXi&oh=d8349cbf1cb1e2df394a70035e5c252f&oe=5EB26D77
A majority of the world is focusing on one thing right now: Solving the coronavirus pandemic.
That means less attention is focused on climate change. However, in the long run, efforts to get the coronavirus pandemic under control will facilitate the fight against global warning, according to Bill Gates. How?
“That idea of innovation and science and the world working together — that is totally common between these two problems, and so I don’t think this has to be a huge setback for climate,” Gates said. “In the science side and data sharing side, you see this great cooperation going on.”
Not everyone is so sure the global community will apply learnings from the COVID-19 response to climate change, though. One expert said “any climate benefits from the COVID-19 crisis are likely to be fleeting and negligible.”
Read more on the potential impact the coronavirus outbreak can have on the battle against climate change at the link in bio. (With @CNBCMakeIt)
6938
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/92057942_3098508103532963_8388997534874755440_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=1&_nc_ohc=p05pGJEar9UAX_XRz4z&oh=d623c3b2aed70e0c2f64eedf8a980014&oe=5EB0F86D
Now that the $2 trillion COVID-19 stimulus bill has been signed, many Americans can expect a one-time direct payment from the government (which Treasury Secretary Steven Mnuchin said should arrive within three weeks).
Individuals will receive up to $1,200, married couples will get up to $2,400 and $500 will be added for every child.
There are some income restrictions, though. So to help you figure out how much money you’ll likely receive, we created a calculator that factors in your filing status, annual income and the number of kids you have.
Use the calculator at the link in bio. (With @CNBCMakeIt)
5909
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/91731167_108223427347975_5499839561235874943_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=107&_nc_ohc=vCU2qkba6BAAX9ft9-C&oh=89d8cdb8ad181b35e75f3573157f42d7&oe=5EB1EDAC
Have you been “zoombombed?”
More and more people are turning to video communications company Zoom as they’re forced to stay at home to stem the coronavirus outbreak. But as Zoom becomes more popular (the mobile app now has more than 32 million daily users), the company faces a problem: If a conference organizers shares a link in public and doesn’t take steps to limit access, anyone who sees the link can join the call and do whatever they want on it.
On Monday, the FBI’s Boston division issued a warning on zoombombings. The agency had received reports of meetings getting interrupted with pornography, threats or hateful content and discouraged people from sharing links to meetings on social media.
To find out how to protect yourself and to see what Zoom is doing to help, visit the link in bio.
7379
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/92357044_253626275674080_7312524859627143381_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=100&_nc_ohc=pLpfAGWw_owAX-bIc47&oh=9a53052b8f8ac4c6ae913aab81f25c95&oe=5EB1353E
“Never in the history of the IMF have we witnessed the world economy come to a standstill.”
The coronavirus pandemic has created an economic crisis “like no other,” one that is “way worse” than last decade’s financial crisis, IMF Managing Director Kristalina Georgieva said. She added that this was “humanity’s darkest hour, a big threat to the whole world and it requires from us to stand tall, be united and protect the most vulnerable of our citizens.”
Georgieva said the IMF is working with the World Bank to alleviate the economic fallout from the outbreak, which has infected more than 1 million people worldwide. The IMF has a $1 trillion war chest, she said, adding “we are determined to use as much of it as necessary.” More than 90 countries so far have applied for assistance from those funds.
More details at the link in bio.
6860
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/91347046_2646852012197484_6484152805563113848_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=100&_nc_ohc=2_hcx0bi6L8AX9-i74C&oh=90ffa85b0c1df1590fcef04a08e40e50&oe=5EB1ACE5
“I personally gave my business a loan,” one pub owner said. “We’re trying to keep people employed.”
Business owners hope to get funds from the small business lending program, which the Treasury plans to have running by Friday. But hours before the program was expected to open, banks said they weren’t ready – leaving small business owners worried.
Economists are worried too. They say the faster the government can get money to small businesses (the biggest creators of jobs), the more likely those businesses will be able to retain workers and last the weeks of shutdown.
Some economists estimate it will take until 2023 or even longer to bring the labor market back to where it was before the coronavirus. But the ability for small businesses to hang on and weather the storm will determine how healthy the economy will be and how quickly it will recover once the full impact is felt from the virus-related shutdowns.
What will the recovery look like? Details at the link in bio.
6515
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/91405018_566793690861340_6706119093069353760_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=104&_nc_ohc=Rb8yLvWkbFsAX-rxLrW&oh=8442e5839ab59139c065f711441f1d84&oe=5EB32306
President Trump has compared the coronavirus pandemic to fighting a war – and the outbreak could end up killing more Americans this year than some wars waged by the U.S. That includes World War I, the Vietnam War and the Korean War.
White House officials estimate that the COVID-19 outbreak will kill between 100,000 and 240,000 Americans this year, even with social distancing, business closures and other mitigation efforts. More than 116,000 Americans died in WWI, while about 90,000 and 54,000 died in the Vietnam and Korean wars, respectively.
White House projections suggest that the coronavirus has a chance of becoming the third leading cause of current U.S. deaths this year, after heart disease and cancer.
“This could be a hell of a bad two weeks,” Trump said Tuesday.
Full story at the link in bio.
6329
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/91583597_2569904106667034_5641128892397817965_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=102&_nc_ohc=wSQ3weI4dyEAX_ltkhq&oh=c6d8c2d8ebe1883d6c54dcec3eb4d4d4&oe=5EB205CE
As the second quarter begins in China, it’s an altered landscape for the coronavirus-stricken economy as businesses remain shut – some for good.
Small and medium-sized enterprises in China have resumed work at a rate of 76.8%, up from about 60% two weeks ago. But it’s unclear how quickly or whether than figure can reach 100%.
As of Monday, more than 429,000 businesses in China have dissolved or suspended operations for the year, according to analysis from Qichacha Wholesale and retail had the largest share of business that dissolved operations at about 38%. Leasing and businesses services fell by 15%, followed by manufacturing at 8%.
And as Chinese authorities try to limit the spread of the virus, changing policies can make it difficult for businesses to resume operations. China’s privately run, smaller businesses contribute to the majority of growth and employment in the country. So how is China planning to support these enterprises? Details at the link in bio.
6139
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/92236014_203103694320866_7730369817433904805_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=102&_nc_ohc=t6us-f2pYbMAX8MXAzb&oh=ca91ac4cb1c8bbf6471b45d3e7d82009&oe=5EB38652
Global cases of COVID-19 just hit 1 million.
The number of people who have contracted coronavirus around the world doubled in just one week as the virus spreads across Europe and North America and establishes a toehold in Africa. Just before global cases reached 1 million, the COVID-19 worldwide death toll passed 50,000, according to data compiled by Johns Hopkins University.
“Over the past five weeks, we have witnessed a near exponential growth in the number of new cases, reaching almost every country, territory and area,” WHO Director-General Tedros Adhanom Ghebreyesus said.
Infections in the U.S. now account for more than 20% of infections globally. The virus has infected more than 92,000 people in New York state alone. White House officials estimate that between 100,000 to 240,000 people in the U.S. will die from COVID-19 with the peak in fatalities over the next two weeks.
Full details at the link in bio.
6650
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/91887274_824347281407733_8197325665614808126_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=109&_nc_ohc=1lZy0U8mzzoAX_fMhbF&oh=f0f10e96418153343533004917f974ca&oe=5EB43B7C
6,600,000 Americans.
The sudden shutdown from social distancing policies has caused a cascade of joblessness unlike anything the nation has ever seen. The torrent of people in the U.S. filing for unemployment insurance skyrocketed last week as more than 6.6 million new claims were filed, according to the Labor Department. That brings the total Americans who filed over the past two weeks to 10 million.
Before the coronavirus shut down major parts of the economy, the highest week for claims was 695,000 in 1982. The Great Recession high was 665,000 in March 2009.
Full details at the link in bio.
5250
https://scontent-den4-1.cdninstagram.com/v/t51.2885-15/fr/e15/s1080x1080/92216725_262954648041556_7894997352788122928_n.jpg?_nc_ht=scontent-den4-1.cdninstagram.com&_nc_cat=104&_nc_ohc=FL4ZkD3vq4QAX9TTeal&oh=881e2825c2707f567dd6783011e2f859&oe=5EB2A6D2
As the coronavirus outbreak wreaks havoc on global markets, U.S. consumers are catching a break in one area: at the pump.
For the first time in four years, the national average for a gallon of gas is below $2, AAA said Tuesday. At $1.99, the average price is 18.4%, or 45 cents, lower than one month ago, and down 70 cents, or 25.8%, year over year.
The drop in prices comes as oil demand has evaporated with the pandemic halting travel and shuttering businesses worldwide. Crude prices have been pressured further in anticipation of a coming supply glut as oil exporters including Saudi Arabia and Russia prepare to ramp up production in April.
Of course, more Americans staying home also means consumers aren’t enjoying the benefit of low gas prices nearly as much as they usually would. But will the low prices continue? Link in bio.
5930